Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
New Horizon Aircraft Ltd

HOVR Technical Analysis Summary (NASDAQ)

Analyze HOVR on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

HOVR●NASDAQ
IndustrialsAerospace & Defense
$1.91
$0.12(6.70%)
U.S. Market opens in 11h 43m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

HOVR Technical Analysis Summary (NASDAQ)

New Horizon Aircraft Ltd (NASDAQ: HOVR) stock currently shows a neutral trend on the NASDAQ, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 54.29)
Trend Strength:Weak (ADX: 14.51)
Volatility:High (ATR: 0.17)
Support/Resistance:$1.52 – $1.99 (Bollinger Bands)

Technical conditions suggest New Horizon Aircraft Ltd on the NASDAQ is awaiting a decisive move. This mix signals that New Horizon Aircraft Ltd is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 54.29

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 64.84

Bullish
Buying momentum building without extremes.

Williams %R: -17.54

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 29.33

Strongly Bullish
Strong upside momentum.

Takeaway:New Horizon Aircraft Ltd shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: -0.05

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 14.51

Weak
Weak trend, market trading sideways.

ATR (14): 0.17

Low
Low volatility, stable price action.

CCI (14): 82.86

Bullish
Bullish, momentum building upward.

Takeaway:New Horizon Aircraft Ltd shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1.99
Middle Band (SMA 20)
$1.76
Lower Band
$1.52
Current Position
Within Bands

Takeaway:New Horizon Aircraft Ltd trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$2.14
Middle Line (EMA 20)
$1.81
Lower Channel
$1.48
Squeeze Status
Squeeze On

Takeaway:New Horizon Aircraft Ltd trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-19.65M
Money Flow Index73.90Bullish, inflows support continued momentum.
Relative Vigor Index52.90Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:HOVR shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of New Horizon Aircraft Ltd (NASDAQ: HOVR), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:New Horizon Aircraft Ltd shows a Neutral outlook — indicators suggest balanced momentum with no clear directional trend.

(NASDAQ: HOVR) Technical Analysis FAQ